Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 12
- Date
- 2026-01-12
- Hijri
- 23 Rajab 1447 AH
- Reference
- PAY-2024-017-12
Interim payment certificate no. (12)
For the work of December 2025
- Contract number
- SCA/2024/017
- Etimad reference
- 2402200225
- Contract
- Qassim vocational qualification centre — construction
- Contractor
- Al-Bunyan Al-Rasekh Contracting Co.
- Contractor VAT number
- 310102487310003
- Project
- Qassim Vocational Qualification Centre
- Contract period
- 2024-07-01 — 2027-05-31
- Original contract value
- 298,000,000
- Current contract value
- 298,000,000
- Linked milestone
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 93,210,000 |
| 2 | Less: previous certificates | (84,360,000) |
| 3 | Value of work in this certificate | 8,850,000 |
| 4 | Less: retention (10%) | (885,000) |
| 5 | Less: advance payment recovery (10%) | (885,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,770,000) |
| 8 | Net before VAT | 7,080,000 |
| 9 | Add: value added tax (15%) | 1,062,000 |
| 10 | Net amount payable to the contractor | 8,142,000 |
Amount in words: Eight million one hundred forty-two thousand Saudi riyals only
Retention held up to this certificate: SAR 9.3M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 13,760,000 | 1,293,000 | 15,053,000 | 72% |
| Earthworks & foundations | 53,640,000 | 21,415,000 | 2,074,000 | 23,489,000 | 44% |
| Concrete & structural works | 92,380,000 | 28,752,000 | 3,033,000 | 31,785,000 | 34% |
| Mechanical, electrical & plumbing | 71,520,000 | 14,016,000 | 1,643,000 | 15,659,000 | 22% |
| Finishes & external works | 44,700,000 | 5,594,000 | 698,000 | 6,292,000 | 14% |
| Testing & commissioning | 14,900,000 | 823,000 | 109,000 | 932,000 | 6% |
| Total | 298,000,000 | 84,360,000 | 8,850,000 | 93,210,000 | 31% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Project manager
Eng. Ahmed Y. Asiri
Finance & contracts
Khalid N. Al-Mutairi
Authority holder
Dr. Abdullah S. Al-Qahtani